NIO and others in the Chinese EV market are feeling the pressure after leaders like Tesla and BYD drastically slashed prices this year. In June, NIO cut prices by $4,200 (30,000 yuan) to keep up.

Also, for NIO stock, the partnership can help reduce costs by simultaneously spreading risk across partners and easing consumer concerns. In this way, the battery swapping deals could be a ...

As an appetizer, NIO has shared the first un-camouflaged images of the ET9 and its official FireFly logo. NIO remains a mainstay on Electrek ‘s homepage because it always seems to be announcing ...

Looking ahead, NIO has an extensive network of Power Swap Stations and plans to expand it further by the end of 2025. Shares of NIO ( NIO ) rallied 4.97% in premarket action on Tuesday, after ...

Nio (NYSE:NIO) is making significant progress with its battery swapping technology. The Chinese electric vehicle (EV) producer has been working toward this initiative all year. As of July 2023, it ...

NIO may also find the need for considerable back and forth with its partners in order to get its swap technology closer to becoming the industry standard. It’s going to be NIO dictating its ...

Nio Inc., which is preparing to launch its lower-priced Firefly and Onvo sub-brands in Europe, is recalibrating its expansion strategy due to challenges in growing its network in the region.

China's EV maker NIO has selected Melexis' cutting-edge current sensor chips for its traction inverter systems. These advanced sensors, vital for electric motor control, will be featured in all ...

Nio is partnering with UK artificial intelligence software startup Monolith to test and improve electric car battery packs in real-time using the Chinese EV maker's battery swapping service in ...